$AXS Short Liquidation Alert
Shorts liquidated: $1.77K at $1.611 — bears squeezed, often a signal that momentum is turning bullish.
Bullish Breakout Setup
Price is holding above the squeeze zone, showing buyer strength and improving structure.
Key Levels
Support: $1.58 – $1.61
Breakout Zone: $1.65 – $1.70
Resistance: $1.78 – $1.90
Trade Setup (Long Bias)
Entry: Pullback & hold above $1.61, or break and hold above $1.70
Targets:
TP1: $1.78
TP2: $1.90
TP3: $2.10
Stop Loss: Below $1.52
Market Sentiment
Short squeeze shifts control to bulls. If AXS sustains above $1.70 with volume, upside continuation toward higher liquidity zones looks favored. Trade the levels, manage risk.
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AXS
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